You're getting downvoted but I have no idea why. "Fair tax" is just a two tier progressive tax, and we know from plenty of economical feedback and data that whe

You're getting downvoted but I have no idea why. "Fair tax" is just a two tier progressive tax, and we know from plenty of economical feedback and data that when you have less absolute money paying the same percentage is way more punishing to you because more of your income is stuck paying for your own survival versus being disposable. There is nothing about having reasonable progressive taxation that is regressive. You can get rid of the writeoff exceptionalism and just institute a quadratic curve from $0 to $1 billion and have the percentages go from 0% to 90% or whatever you want your upper bracket rate to be. Then integrate the curve at your income. Super simple progressive taxation rather than the piecewise writeoff everything hellhole we have today. And that doesn't even touch on how bad capital gains taxes are, which is where real wealth is made and where the owner class makes their killing bleeding the many of their wealth, which is partially caused by a biased tax code in their favor. Simplified progressive capital gains would also be a tangible boon.